© 2018 by Daniel Anthes

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Extractive resources are non-renewable natural resources and therefore exhaustible, which is why revenues generated from depletion are finite and hereby intrinsically temporary. Also, particularly in the developing world, they account for a large share of several country's overall export structure and often generate the bulk of total government rev...

Natural resources can lead to bad macroeconomic performances and rising inequalities among citizens on the one side, but also go hand in hand with benefits and rising welfare on the other. The key question is why countries such as Botswana, Chile, Indonesia or Malaysia have been developing without serious problems, while others have performed badly...

Todd Moss, senior fellow and vice president for programs at the Center for Global Development (CGD), demonstrates how leaders of poor countries can beat the resource curse. His policy option, called Oil to Cash, helps foster a social contract in resource-rich countries by directly distributing natural resource revenues to society. Under this propos...

The current commodity boom provides a big opportunity for resource-rich countries in terms of mobilizing additional domestic revenues that could be used for fostering development and transformative growth. However, most countries, particularly in the developing world, have not been able to transform their resource riches for the common good. Why?...

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